|TCMR-15 -- Israel ETF|| |
ILS 3,092 7.52 0.24%
The entity has beta of -0.0037 which indicates as returns on market increase, returns on owning TCMR 15 are expected to decrease at a much smaller rate. During bear market, TCMR 15 is likely to outperform the market.. Although it is extremely important to respect TCMR-15
current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By examining TCMR-15 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.